Assistant Controller

Sr. Accountant

 JOB FUNCTION

Accounting

EFFECTIVE DATE

2/15/2022

DIVISION

Financial Services

DEPARTMENT

Exec/Acctg

REPORTS TO

Assistant Controller

JOB CODE

 

Job TITLES THAT REPORT TO THIS ROLE

None

FLSA STATUS

Exempt

JOB Summary:     Performs regular accounting functions and assists with other duties (e.g., business plan preparation, ad hoc reporting, etc.) as necessary.

 

essentIaL duties and responsibilites:

Describe the duty/responsibility*

% of time

  •   Manage the period-end closing process, including:
    • Prepare monthly revenue accruals for each of the division’s entities,
    • Ensure all regular journal entries have been prepared and posted,
    • Prepare reconciliations for balance sheet accounts each month,

15%

  • Financial analysis and interpretation
    • Prepare revenue analysis models to ensure reasonableness and accuracy of the results
    • Review expenses for anomalies and communicate any findings to Division Management,
    • Review Joint Venture financial statements and separately provided schedules to monitor results against expectations derived from prepared business plans.

15%

  • Process Management:
    • Maintain all process documentation to reflect current procedures, including noting key controls throughout the process,
    • Where appropriate, maintain or create flow charts to document the processes and key controls throughout.
    • Periodically review processes to identify potential efficiency and accuracy gains,
    • Be proactive in updating and/or redeveloping processes as the Company transitions to a new software system.

10%

  • Cash management:
    • As checks are received for various subsidiary businesses, verify their accuracy, enter into the appropriate systems, and prepare journal entries to record receipt,
    • Prepare daily cash entries based on daily bank statements and intercompany transactions.

15%

  • Accounts Receivable:
    • Create and monitor monthly aging of accounts receivable.
    • Coordinate with operations management to ensure receivables are collected timely and assist in collections, as necessary.

10%

  • Accounts Payable processing:
    • Review invoices for accuracy and consistency with prior periods and current expectations;
    • Code invoices for processing by the Accounts Payable department.

10%

  • Forecasting / Budgeting
    • Assist in preparing and reviewing regular forecasts for each of the Financial Services entities.
    • Review variances between actual results and budgeted amounts and communicate these differences to management.

10%

  • Sarbanes-Oxley:
    • Maintain documentation of processes, controls, and other necessary internal control items,
    • Oversee quarterly control testing, including coordinating timing of control testing and accumulating/providing all requested documentation,
    • Attend regular SOX committee meetings,
    • Participate in annual walkthrough with Joint Venture partner,
    • Coordinate/participate in periodic walkthroughs of Division entities.

10%

  • Other Duties as assigned:
    • Prepare schedules as requested for the Corporate tax department.
    • Prepare ad hoc reports and analysis as requested by management.
    • Create schedules and provide information to our joint venture partner(s) on a regular basis and review information they provide to KB Home prior to distribution.
    • Unclaimed Property
      • Identify and file claims for unclaimed property with various states;
      • Escheat funds to various states as required.

5%

Note:  % of time should total 100%

education/experience/minimum requiremenTs:

Education/Certifications/Licenses      

  • BS in Accounting preferred
  • CPA certificate a plus

 

Experience

  • 3-4 years experience working for a public accounting firm OR 4-6 years experience in Finance/Accounting

 

Knowledge, Skills & Abilities

  • Strong financial, accounting, and analytical skills.
  • Strong computer skills, including but not limited to Excel and Access (VBA knowledge would be helpful but not required).
  • Excellent communication and interpersonal skills.
  • Good organizational skills.

 

 

Work Requirements

  • Must work approximately 40 hours per week (during core business hours) with flexibility for longer hours as needed.
  • Must conduct business in a professional and ethical manner to external business associates and coworkers to reinforce goodwill and profitability for the company.